Head-to-Head Comparison
FXCM vs Saxo Bank
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
FXCM
FCA
Est. 1999
VS
Score
4:0
Saxo Bank
FSA
Est. 1992
Quick Summary
FXCM (established 1999) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. FXCM offers tighter spreads starting from 0.2 pips, compared to Saxo Bank's 0.4 pips. Both brokers offer similar maximum leverage of 1000:1. FXCM has a lower minimum deposit requirement of $50.
Trading Conditions
Feature
FXCM
Saxo Bank
Min. Spread
0.2 pips
0.4 pips
Min. Deposit
$50
$2000
Max Leverage
1000:1
30:1
Execution
Market Maker|Hybrid
Market Maker
Instruments
1000+
71000+
Founded
1999
1992
Headquarters
United Kingdom
Denmark
Regulation & Licensing
FXCM
FCA(217689)
United Kingdom
CySEC(392/20)
Cyprus
ASIC(309763)
Australia
FSCA(46534)
South Africa
Unregulated(1776 LLC 2022)
St. Vincent and the Grenadines
Saxo Bank
FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia
Platforms & Features
Feature
FXCM
Saxo Bank
Platforms
Trading Station, MetaTrader 4, TradingView, Capitalise.ai, MetaTrader 5
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Account Types
FXCM
Standard Account
Spread: 1.3 pipsMin: $50Lev: 1000:1
Active Trader
Spread: 0.2 pipsMin: $25000Lev: 1000:1Comm: $6/lot
Saxo Bank
Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1
Verdict: FXCM vs Saxo Bank
Based on our verified data analysis, FXCM has a slight edge in this comparison with a score of 4 vs 0.
Choose FXCM if you prioritize the tightest possible spreads. Choose FXCM for a lower entry barrier.
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.